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Old 08-04-2013, 09:34 PM
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JimLewis JimLewis is offline
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Join Date: Dec 1999
Location: Beaverton, OR
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Quote:
Originally Posted by AintNoFun View Post
your forgetting another scenario (imo the most likely), he doesn't have the funds to finish and walks away. the gc hires someone else to finish the job and backcharges him the difference. gc sues him for the difference now he can owe another few hundred thousand on the job thus putting him outta biz..
Not very likely. Any G.C. doing a job this size is going to require a surety bond. You wouldn't hire someone for a job that big without that contractor being bonded. Hence my second scenario above.
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Jim Lewis
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